Evercore

In a report published Thursday, Evercore analyst Ken Sena downgraded Facebook (NASDAQ: FB) from Overweight to Equal-Weight and lowered the price target from $70.00 to $60.00. Sena noted that although opportunity for higher ad pricing remains, "the cost of delivering increased engagement that is...

Gogo (NASDAQ: GOGO) shares were moving to the upside Wednesday morning following an upgrade at Evercore to an Overweight rating from Neutral, with a price target drop from $27 to $26. In the report, analyst Jonathan Schildkraut stated that the company's 40 percent drop since December presented a...

In a report published Friday, Evercore analyst Patrick Wang maintained Underweight on Intel (NASDAQ: INTC), keeping its $20.00 price target. According to the report, regardless of seemingly better consumer PC data points and improving investor sentiment a cautious view is maintained over INTC. “...

Shares of Intersil (NASDAQ: ISIL) took a sharp drop following Evercore analyst Patrick Wang's downgrade from Equalweight to Underweight and $9 price target reiteration. Wang reported that Intersil stock has gained since November due to better sentiment on PC's. The analyst noted that investors...

In a report published Thursday, Evercore analyst Ken Sena raised the price target on Twitter (NYSE: TWTR) from $52.00 to $70.00 and maintained an Overweight rating. Evercore sees Twitter's platform experience becoming a leader for shortform video content viewing and discovery with the potential...

In a report published Wednesday, Evercore analyst Kirk Materne upgraded the rating on The Ultimate Software Group (NASDAQ: ULTI) from Equal-Weight to Overweight, and named a $165.00 price target. In the report, Evercore noted, “As part of our assumption of coverage we are upgrading shares of...

In a report published Wednesday, Evercore analyst Patrick Wang reiterated an Underweight rating and $20.00 price target on Intel Corporation (NASDAQ: INTC). In the report, Evercore noted, “Our thesis remains intact and we come away from the earnings call incrementally more cautious on a number of...

In a report published Tuesday, Evercore analyst Ken Sena reiterated an Overweight rating on Facebook (NASDAQ: FB), and raised the price target from $45.00 to $60.00. In the report, Evercore noted, “In this report, we explore FB's recently rolled out customizable audience tools and how data...

Monday, Keynote Systems (NASDAQ: KEYN) announced that it was to be acquired by Thorma Bravo for $20 per share, valuing the company at $395 million. Analysts at Evercore weighed in Tuesday and said that it was "unlikely" that competing bids for the stock would come in at the takeover price. Analyst...

According to Evercore, Viacom (NASDAQ: VIAB) price target is lowered to $57. Evercore said that Viacom reported domestic ad revenue declined 3% versus its +2% forecast due to the Nickelodeon ratings issue and a weak scatter market. “Our new $57 price target is based on a discounted sum-of-theparts...

MF Global (NYSE: MF) is considering options to sell, and is currently involved in consultations with Evercore Partners, among a possible few (non-disclosed) firms. Have Jon Corzine's trading risks been the killer or has it been mostly investor fear? The company reported disappointing 2Q12...

Evercore is out with its report today on J.P. Morgan Chase (NYSE: JPM), initiating JPM at Overweight. In its report, Evercore writes, "We are initiating coverage of JPM with an Overweight rating based on our view that it will continue to generate above-average results, gain market share, and reap...

Evercore is out with its report today on City National (NYSE: CYN), upgrading CYN to Overweight from Equal-weight. In its report, Evercore writes, "We are upgrading CYN to Overweight from Equal-Weight as the stock's pullback has created an attractive entry point into a premium franchise. CYN has...